Stonebridge Financial Group LLC Makes New $111,000 Investment in Motorola Solutions, Inc. (NYSE:MSI)

Stonebridge Financial Group LLC acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 240 shares of the communications equipment provider’s stock, valued at approximately $111,000.

Other hedge funds have also made changes to their positions in the company. State Street Corp lifted its position in Motorola Solutions by 2.7% in the third quarter. State Street Corp now owns 7,454,643 shares of the communications equipment provider’s stock worth $3,358,848,000 after purchasing an additional 198,183 shares during the period. Geode Capital Management LLC raised its stake in shares of Motorola Solutions by 2.4% in the 3rd quarter. Geode Capital Management LLC now owns 3,736,045 shares of the communications equipment provider’s stock worth $1,675,588,000 after buying an additional 89,320 shares in the last quarter. Swedbank AB lifted its holdings in shares of Motorola Solutions by 0.3% in the fourth quarter. Swedbank AB now owns 1,026,996 shares of the communications equipment provider’s stock valued at $474,708,000 after buying an additional 3,040 shares during the period. International Assets Investment Management LLC boosted its stake in Motorola Solutions by 59,189.5% during the third quarter. International Assets Investment Management LLC now owns 967,604 shares of the communications equipment provider’s stock valued at $435,064,000 after buying an additional 965,972 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Motorola Solutions by 1.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 900,171 shares of the communications equipment provider’s stock worth $404,744,000 after acquiring an additional 8,651 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on MSI shares. Deutsche Bank Aktiengesellschaft upped their price target on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Raymond James boosted their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Morgan Stanley raised their target price on shares of Motorola Solutions from $430.00 to $495.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. StockNews.com cut Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday. Finally, Bank of America increased their price objective on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $504.88.

Motorola Solutions Stock Down 1.7 %

Shares of NYSE:MSI opened at $466.66 on Thursday. The firm has a 50 day simple moving average of $469.62 and a 200 day simple moving average of $458.15. Motorola Solutions, Inc. has a 52 week low of $314.84 and a 52 week high of $507.82. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.07 and a current ratio of 1.25. The company has a market cap of $77.99 billion, a PE ratio of 51.11, a price-to-earnings-growth ratio of 3.54 and a beta of 1.02.

Motorola Solutions Company Profile

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.